Category Archives: real estate

Odd properties for sale: Just a TAD bit fixup needed

Tweet I got this email from a REO (bank owned properties) “specialist”: 3756 Locke Ave, Los Angeles, CA 90032 Fire damaged house, lot value, located in El Sereno.  Centrally located near South Pasadena, close to the 5, 10, 710, and 110 freeways.   *Asking Price:  $99,500

JP Morgan’s Guide to Collateralized Debt Obligation (CDO)

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Buying vs. Renting Truth Told by US Gov’t Agency

Tweet Yeap. That’s right. A US government agency. Ok, this document is  not totally unbiased because it was published by the National Multi-Housing Council (i.e. gov’t association that regulates apartments), so I’m certain landlords having more tenants is beneficial to them as well, but the math/logic is sound.